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Glenwood South Area Quad - Reduced

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Address

618 Wills Forest Street
Raleigh, NC 27605

Overview

This property is located in the Historic Glenwood-Brooklyn neighborhood near Downtown Raleigh. The building is currently split into four apartments. Improvements to individual units would support rent increases. Alternatively the building could be converted to a single-family residence.

  • Four-unit building in historic neighborhood
  • Great location, walking distance to Glenwood South
  • Opportunity to add value
  • Potential conversion to single-family
  • Property has a lot of character and historic finishes, but needs work

Link to Tax Records


Unit Information

UnitSizeTypeLeaseRent
1 520 (aprx.) 1 BD/1 BA M-M $400
2 350 (aprx.) Efficiency M-M $300
3 420 (aprx.) 1 BD/1 BA M-M $475
4 520 (aprx.) 1 BD/1 BA M-M $475
TOTAL 2,400 (includes common area) $1,650

Property Information

PIN
1704434109
Tax Value
$383,367
Taxes
$3,559.06
Lot Size
.19 ACRES
Year Built
1915
Exterior
WOOD
Floors
HARDWOOD, TILE, VINYL
Foundation
CRAWL
HVAC
WINDOW A/C, GAS WALL/FLOOR FURNACE IN EACH APT
Owner Financing
NONE
Utilities
OWNER PAYS WATER (APRX. $150/MO) AND ELECTRIC (APRX. $50/MO)
Appliances
RANGE, REFRIGERATOR, COMMON AREA W/D
Legal Description
LO28 WINSLOW PLAT PT OF ALLEY
Zoning
SP R-30

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